OverviewSuggest Edit
Plaid is a financial technology company developing a digital platform that enables applications to connect with users’ bank accounts. The company builds the technical infrastructure APIs that connect consumers, traditional financial institutions, and developers, as well as provides access to financial data and analytics products.
| Type | Private | |
| Founded | 2013 | |
| HQ | San Francisco, CA, US | Map |
| Website | plaid.com | |
| Employee Ratings | More | |
| Overall Culture | B | More |
Recent NewsAll News
- Fintech Current Introduces Platform API, Teams Up with Plaid to Deliver Open Finance Solutions
- Plaid FinRise is now Plaid Accelerate – and applications are open for our 3rd Cohort
- Partnering with payment service providers to enable the next generation of ecommerce in Europe
- 1st Security Bank Announces Their Partnership with Plaid to Simplify Online Account Opening
Key People/Management at Plaid
Zach Perret
Co-Founder & CEO
Eric Sager
COO
William Hockey
Co-Founder
Jean-Denis Greze
CTO
Plaid Office Locations
Plaid has offices in San Francisco, New York, Salt Lake City, Amsterdam and in 1 other location
San Francisco, CA, US (HQ)
PO Box 7775 #35278
Amsterdam, NL
Muiderstraat 1
London, GB
New Penderel House , 4th Floor 283 - 288 High Holborn
Plaid Financials and Metrics
Summary Metrics
Founding Date | 2013 |
Plaid total Funding | $730.1 m |
Time since last funding | 9 months ago |
Plaid investors | Kleiner Perkins, Index Ventures, New Enterprise Associates, Andreessen Horowitz, Spark Capital, Thrive Capital, Google Ventures, Homebrew, Visa, Ribbit Capital, MasterCard, Altimeter Capital, Goldman Sachs Investment Partners, Felicis Ventures, Silver Lake, Homebrew Capital, Amex Ventures, J.P. Morgan Private Capital Growth Equity Partners |
Plaid's latest valuation is reported to be $13.5 b.
Plaid Revenue
Plaid's revenue was reported to be ¥5.44 b in FY, 2021
| JPY | |
|---|---|
Revenue (Q1, 2022) | 1.8b |
Gross profit (Q1, 2022) | 1.3b |
Net income (Q1, 2022) | (197.4m) |
EBITDA (Q1, 2022) | (135.3m) |
EBIT (Q1, 2022) | (182.1m) |
Market valuation | 13.5b |
- Source: Finextra April 2021
Annual
| JPY | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|
Revenue | 2.9b | 4.0b | 5.4b |
Cost of goods sold | (794.0m) | (1.2b) | (1.4b) |
Gross profit | 2.1b | 2.9b | 4.0b |
Quarterly
| JPY | Q1, 2021 | Q2, 2021 | Q1, 2022 |
|---|---|---|---|
Revenue | 2.5b | 3.9b | 1.8b |
Cost of goods sold | (678.5m) | (1.0b) | (430.2m) |
Gross profit | 1.9b | 2.9b | 1.3b |
| JPY | FY, 2019 |
|---|---|
Revenue/Employee | 11.3m |
Plaid Cybersecurity Score
Plaid Online and Social Media Presence
27.93k Twitter followers
Plaid has 27.93k Twitter Followers. The number of followers has increased 3.5% month over month and increased 8.1% quarter over quarter
Plaid's Trends
Twitter Engagement Stats for @Plaid
1.5k
Tweets
174
Following
27.9k
Followers
21
Tweets last 30 days
12.2
Avg. likes per Tweet
95.2%
Tweets with engagement
Plaid Company Culture
Overall Culture
B
82/100
CEO Rating
A+
91/100
Compensation
B-
75/100
Plaid News and Updates
May 12, 2022
Fintech Current Introduces Platform API, Teams Up with Plaid to Deliver Open Finance Solutions
Current, a U.S. financial technology platform serving Americans working to “create a better future” for themselves, recently announced the launch of its platform API, “built to facilitate seamless integrations and embedded banking experiences.”
May 05, 2022
Plaid FinRise is now Plaid Accelerate – and applications are open for our 3rd Cohort
We’re incredibly excited to announce that Plaid FinRise, our fintech accelerator program designed to support founders of color, is now Plaid Accelerate. This new name reflects our commitment to not just elevate equity within the financial ecosystem, but to accelerate it
April 29, 2022
Partnering with payment service providers to enable the next generation of ecommerce in Europe
Plaid is adding three new partners to our Payment Partner Ecosystem to enable more vendors and merchants to leverage open banking in order to improve operations and lower costs
April 26, 2022
1st Security Bank Announces Their Partnership with Plaid to Simplify Online Account Opening
1st Security Bank ("the Bank") announces that it has entered a partnership with Plaid, a financial technology company that provides customers with a fast and secure way to access their financial data and quickly verify their identity to fund accounts opened through the Bank's online account opening …
April 21, 2022
Skyflow and Plaid partner in effort to bolster fintech data security
Skyflow, which sells data privacy tools for corporate customers, this morning announced a partnership with Plaid, a unicorn that helps pass fintech data between parties through an API
April 12, 2022
U.S. fintech Plaid taps Booking.com veteran to lead its European expansion
Financial technology firm Plaid has hired Ripsy Bandourian, a long-time Booking.com executive, to head up its European operations
Plaid Blogs
December 01, 2020
Newsletter - December 2020
In this month’s newsletter, read about our latest product enhancements, upcoming events, and more.
Product highlights
Rolling out the all-new Plaid Link: On November 2, we began rolling out our latest version of Plaid Link. If you use the iOS SDK or React Native SDK on iOS, please ensure
November 24, 2020
Plaid and Jack Henry partner to enable Plaid Exchange for over 350 banks
A recent study by Capital One and the Decision Lab found that 77% of Americans experience anxiety due to their financial situation—an issue intensified by this year's pandemic and subsequent economic downturn. Consumers are increasingly turning to fintech to manage and improve their finances, which …
November 19, 2020
Plaid’s strategy to facilitate an API-based ecosystem
Reliable, secure access to consumer-permissioned data is the heartbeat of fintech. It’s what allows fintech services to help consumers save money, save time and reduce their financial stress. As a network that provides the financial account connections between consumers and fintech apps, we are cons…
November 19, 2020
How we Built Developer Efficiency at Plaid
For the longest time, Plaid was a company with just a few engineers primarily focusing on the product and execution. Everyone was working on the product to create as much of a direct customer impact as possible. As we grew to hundreds of engineers: teams depend on each other to
November 18, 2020
Plaid People: Nicole Butler
Nicole Butler joined our London office as the third UK/EU team member. Today the office is made up of nineteen Plaids (and counting!). In our latest Plaid People interview, Nicole discusses how an informal brainstorming session led her to Plaid and her approach to navigating the complex fintech regu…
November 12, 2020
Payroll data: The next frontier for fintech and open finance
Access to payroll data can unlock new applications and improve consumers’ financial lives. Learn more in our white paper.
Plaid Frequently Asked Questions
When was Plaid founded?
Plaid was founded in 2013.
Who are Plaid key executives?
Plaid's key executives are Zach Perret, Eric Sager and William Hockey.
How many employees does Plaid have?
Plaid has 1,112 employees.
What is Plaid revenue?
Latest Plaid annual revenue is ¥5.4 b.
What is Plaid revenue per employee?
Latest Plaid revenue per employee is ¥4.9 m.
Who are Plaid competitors?
Competitors of Plaid include Galileo Financial Technologies, Akoya and Finicity.
Where is Plaid headquarters?
Plaid headquarters is located at PO Box 7775 #35278, San Francisco.
Where are Plaid offices?
Plaid has offices in San Francisco, New York, Salt Lake City, Amsterdam and in 1 other location.
How many offices does Plaid have?
Plaid has 5 offices.
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